E-Auction Portal For Seized Vehicles

8 Apr

Authors: K.G.Suhirtham, M.Rohith, S. Mugesh, V.Muthuprasanna

Abstract: An E-Auction Portal for Seized Vehicles is an online system developed to simplify and modernize the auctioning process of vehicles confiscated by authorities such as police departments, banks, or financial organizations. Conventional auction methods are often inefficient, lack transparency, and involve manual procedures that may lead to delays and unfair practices. The proposed portal utilizes web-based technologies to create a secure, transparent, and accessible platform for conducting auctions digitally. Authorized agencies can upload detailed information about seized vehicles, while registered users can conveniently participate in bidding from any location. The system supports real-time bidding, automated bid management, and secure payment processing to ensure fairness and reliability. It also maintains detailed records of all transactions, enhancing accountability and minimizing the risk of fraud. By increasing accessibility and participation, the platform helps achieve better price realization. Overall, the system provides an efficient, transparent, and dependable solution for managing seized vehicle auctions.

DOI: https://doi.org/10.5281/zenodo.19471546